FCA focus on General Insurance: differential pricing action, Dear CEO letter and the IDD
Advance booking is essential - download booking form below
It is clear that the FCA's focus on General Insurance has ramped up over the last year or so and with recent adverse findings in differential pricing and renewal transparency and the very clear Dear CEO letter, this event, for FCA regulated firms only, (of relevance to general insurers and brokers), will provide an overview of recent actions taken and the IDD rules that required implementation as from 1 October 2018.
The Insurance Distribution Directive has been enacted to ensure we trade with the rest of the EU on a level playing field despite Brexit. In addition, the FCA has concluded a market study on general insurance pricing practices setting out key findings and expectations along with a (rare) Dear CEO letter.
Do you know what changes you have to make to be compliant with the law? Come and join fellow market professionals and find out!
By the end of this event delegate will have gained an insight into:
- Key GI initiatives from the FCA - differential pricing, renewal transparency and the Dear CEO letter
- IDD requirements - compulsory training, marketing materials, conducts of business, product oversight and governance, conflicts of interest, system and controls, PII cover, client money and ancillary insurance intermediaries together with HMT/FCA changes to introducing activity
- CII/PFS member: £200 + VAT
- Non-members: £300 + VAT
Branko Bjelobaba FCII, Senior Consultant on FCA Compliance & CII Accredited Advanced General Insurance Trainer, Branko Limited
Please contact firstname.lastname@example.org (0800 619 6619) with any queries and to submit your questions in advance of the event.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.